11 Knollside Drive, Richmond Hill

$1,449,000
11 Knollside Drive

$1,449,000

New
8d
DetachedBungalow

11 Knollside Drive, Richmond Hill

Total Monthly Obligation $6,857

Beds
6
Baths
3
Park
6
Sqft
1500-2000
DOM
8d
Score
15
Yield
3.3%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-N14086268
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-70 × 100 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,646.64 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mill Pond
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated detached bungalow in the highly sought-after Mill Pond community of Richmond Hill! Situated on a premium 70 x 100 ft lot, this spacious home offers approximately 4,000 sq. ft. of total living space, featuring 3+3 bedrooms, 3 full bathrooms, and an abundance of natural light throughout. The inviting living room showcases elegant hardwood flooring, a charming bow window, and a cozy gas fireplace. A formal dining room with French doors flows seamlessly into the spacious kitchen, complete with stainless steel appliances, a gas stove, stylish backsplash, ample counter space, and pot lights. The bright family room features large windows overlooking the beautifully landscaped backyard and a second gas fireplace. The primary bedroom offers his-and-hers closets and a private 4-piece ensuite. The finished basement with a separate entrance includes 3 additional bedrooms, a generous great room with a gas fireplace, dining area, second kitchen, and 3-piece bathroom, offering excellent flexibility for extended family use. Enjoy a fully fenced backyard with a shed, perfect for outdoor relaxation. Additional highlights include updated perimeter wall insulation and stucco, a newer metal roof with a lifetime warranty, and extensive renovations and additions with available blueprints. Ideally located steps from the scenic trails of Mill Pond Park, excellent schools, Mackenzie Health, and Yonge Street, with convenient access to Hillcrest Mall, shopping, restaurants, and public transit. A wonderful opportunity to own a spacious bungalow in one of Richmond Hill's most desirable neighbourhoods with a lot for potential future development! Buyer/Buyer Agent to verify all measurements and taxes. Seller does not warrant the retrofit or legal status of the basement. Some photos virtually staged to illustrate potential*

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,159,200
Land Transfer Taxes$25,455
Legal Fees (Est.)
$
Total cash required for closing$316,755

Total Monthly Obligation

$6,857/mo
Mortgage $5,845
Monthly Loss $5,319
Principal$1,538
Interest$4,307
Property Tax$637
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$47,496/yr
NOI
$30,600/yr
Net Cash Flow
-$3,295/mo
Cash Margin
-83.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 11 Knollside Drive

Time

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